Legal Definition and Related Resources of Preference

Meaning of Preference

The act of preferring; a priority of payment given by an insolvent person to one or to a certain class of his creditors over others. Also, priority of payment by operation of law. Also see 11 U.S.C. §547.

Preference Alternative Definition

Priority of payment, or right thereto. Preferences may be either involuntary, being the right which a creditor obtains by law to be first paid out of the assets of the debtor, as by obtaining a judgment which is a lien on his lands, or voluntary, being the paying or securing to one or more of his creditors by a debtor (usually insolvent) the whole or a part of their claims, to the exclusion of the rest.

Synonyms of Preference

(Choice), noun

  • bias
  • discretion
  • disposition
  • election
  • fancy
  • favorite
  • inclination
  • leaning
  • liking
  • option
  • partiality
  • preconceived liking
  • predilection
  • prejudice
  • proclivity
  • proneness
  • propensity
  • selection Associated Concepts: preferred risk

(Priority), noun

  • advancement
  • advantage
  • benefit
  • favored treatment
  • front position
  • praepositio
  • precedence
  • preeminence
  • preferment
  • preferred standing
  • seniority Associated Concepts: calendar preference
  • fraudulent conveyances
  • fraudulent preference
  • preferred stock
  • unlawful preference
  • voidable preference foreign phrases: Qui prior est tempore potior est jure
  • He who is first in time is first in right
  • Prior tempore potior jure
  • First in time
  • superior in right

Related Entries of Preference in the Encyclopedia of Law Project

Browse or run a search for Preference in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Preference in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Preference in Historical Law in the Encyclopedia of Law.

Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Preference in the Legal Abbreviations and Acronyms Dictionary.

Related Legal Terms

You might be also interested in these legal terms:

Mentioned in these terms

Best Evidence, Canons Of Construction, Fraudulent Preference, Preference Eligible, Preference Share, Preferred Stock, Priority, Reasonable Cause, Retainer, Share.


You might be interested in these references tools:

Resource Description
Preference in the Dictionary Preference in our legal dictionaries
Browse the Legal Thesaurus Find synonyms and related words of Preference
Legal Maxims Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law
Legal Answers (Q&A) A community-driven knowledge creation process, of enduring value to a broad audience
Related topics Preference in the World Encyclopedia of Law


This definition of Preference is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

Vocabularies (Semantic Web Information)

Resource Description
Topic Map A group of names, occurrences and associations
Topic Tree A topic display format, showing the hierarchy
Sitemap Index Sitemap Index, including Taxonomies The URI of Preference (more about URIs)

Preference in Law Enforcement

Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of preference.


See Also

  • Law Enforcement Officer
  • Police
  • Law Enforcement Agency

Further Reading

Meaning of Preference in Political Science

A very basic notion of Preference related to the United States’election law is provided here: Choice



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